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Nazara Technologies approved the preferential allotment of 2.39 crore equity shares for Rs. 730.78 Crore. This capital raise was issued to strategic investors.
Nazara Technologies allotted equity shares to KMPs and designated persons worth ₹644.11 Crore. This allotment transaction increases the recipients' equity shareholding in the company.
Nazara Technologies allotted 2.39 crore equity shares at ₹306 each via a preferential issue, raising ₹730.78 crore for the company.
The Board approved a preferential allotment of 2.38 crore equity shares aggregating ₹730.78 Crore. Additionally, it approved investments and loan conversions into wholly-owned subsidiaries.